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First Call January 20, 2020
- European equity markets are softer. Follows mixed Asian trade and Friday's constructive Wall Street close.
- S&P futures softer, though markets closed for Martin Luther King's holiday.
- Overnight, China mixed. Korea outperformed.
- Bonds firmer, with Treasury, yields 1 bp lower. Oil strengthens after Libyan militia shutting key export pipeline. Gold softer.
- IMF trims down global economic outlook but tones down warnings